After a Horrific Weekend, How Will CRE, CMBS React?
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WASHINGTON, DC—This weekend, it seemed, the world came apart. On Friday evening, three carefully-coordinated attacks by seven terrorists in Paris, France killed 129 people and injured 352. The country’s borders were closed and a manhunt initiated for one of the suspected perpetrators. A grim and heartbroken President Francois Hollande fiercely declared “We are at war.” No one disagreed.
The attack on Paris was preceded by a less noticed double suicide attack in Beirut, Lebanon on Thursday night, in which 41 people died and more than 200 were wounded.
The Islamic State took credit for both attacks. France retaliated on Sunday attacking Islamic State strongholds in Syria…